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20121204
20121204
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questions remaining here. thank you both. >> ifill: protests surrounding egyptian president mohammed morsi's recent power grab and a hastily drafted constitution turned violent again today. jeffrey brown reports. >> brown: police outside the presidential palace in cairo retreated this evening after a crowd broke through their lines. officers fired back with tear gas but eventually a loud... allowed protestors to make their way to the palace gates. some threw stones toward the billing. security officials said president mohammed morsi left the palace as the demonstrations grew larger, reportedly to more than 100,000. it has become commonplace in the last few weeks. they follow morsi's recent decree that expands his powers and hastily drafted constitution put together by an islamist dominated committee. >> we won't be able to speak. there won't be a court that we can go talk to. he has made himself a force and he said it is a rather force. this is something we cannot believe. we've been 0 years being betrayed. we won't believe morsi. he will remain seated in the chair and not leave it. >> bro
. >> and has it down 23%. thank you. >>> egypt's president mohamed morsi fleeing the palace today. all of this as the backlash to the new sweeping power he is granted himself bubbles over. we'll take you live next to egypt for the latest developments on this important story. stay with us. >>> also ahead, netflix stocks sky is rocketing today in the wake of its licensing deal with disney. how big of a deal is this for netflix, and is it a stock to own? stay with us on that. >>> later on, bracing for a catastrophe. allstate estimating hurricane sandy will cost it over $1 billion, but will the impact on the fiscal cliff be even worse? the head of allstate is with me sitting down for a cnbc exclusive coming up in a few minutes. don't miss it. back in a moment. [ male announc] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our
there protesters have been rallying against president mohammed morsi for two weeks ever since he granted himself near absolute authority. a few days ago. lawmakers who support morsi hastily drafted and then passed a brand new constitution that could strengthen his grip. keep in mind president morsi of egypt has a lot of followers. he won a democratic election earlier thisser i don't. he is effectively making himself a dictator and the fact point to exactly that today 11 of egypt's largest newspapers suspended all operations over upcoming referendum vote. steve harrigan live in cairo for us. steve? >> shepard, these opposition protesters behind me on tahrir square are calling for people to marchionne the presidential palace tomorrow. that raises a clear possibility of conflict with supporters of president morsi around that presidential palace it will also be a real test of the opposition's numbers. we saw them peak out last week here at the square at 250,000. right now at 2:30 in the morning. probably fewer than a thousand people out there. in the meantime egypt's highest court the supreme consti
. >> elsewhere in the region, egypt right now, we're seeing these protesters, these anti-mohammed morsi protesters moving closer and closer towards the presidential pass palace in cairo. they're concerned about what morsi is doing as far as democracy in egypt. how worried are you about the situation in egypt? >> i think egypt is key to the region, so the answer is, you've got to be extremely worried when you see instability affecting egypt. this is, again, the birth pangs of proper democracy in some ways, but this struggle is immensely important. obviously what's important in these countries where they've moved to a democratic system is that there is a clear understanding that democracy is not just a way of voting but a way of thinking. pant of that way of thinking is that you've got to protect minorities. you've got to -- democracy doesn't function unless it is accompanied by an open mind. and so you can understand there is a lot of anxiety in egypt about the constitutional changes proposed. and even as the international community obviously applauded egypt's efforts in bringing about t
Search Results 0 to 3 of about 4